Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! The latest news cycle is a good reminder that even a grizzled old reporter who thinks she has seen it all can still be surprised — and […]
Bankrupt EV startup Fisker is reversing course just a few days after telling owners that they would have to pay labor costs for recall repairs. The company edited the FAQ page on its website to say “Fisker will provide the necessary parts (including the labor) at no cost to you.” Fisker originally broke the bad
Fisker reverses course on making Ocean owners pay for recall repairs Read More »
As EV startup Fisker prepares to enter the fourth month of its Chapter 11 bankruptcy process, existing owners have received some bad news: they will have to pay labor costs to resolve two of the five outstanding recalls on their Ocean SUVs. Fisker broke the bad news Sunday night in an FAQ posted to its
Fisker Ocean owners stuck paying for recall repairs Read More »
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023. Fisker cut production targets multiple times, failed to meet sales goals and laid
The fall of EV startup Fisker: A comprehensive timeline Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Another week, another batch of transportation news. And as always, senior reporter Sean O’Kane is deep in the Fisker beat. Fisker has a little something to celebrate
Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $46.25 million. The approval of the sale clears the way for the rest of Fisker’s bankruptcy process to
Fisker cleared to sell North American EVs for $46.25 million Read More »
One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy proceeding alive and pave the way for paying pack creditors some of what they’re owed. The objection to the sale comes from the office of the U.S. Trustee, an arm of the
Fisker has one major objector to its Ocean SUV firesale Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Did you miss us last week? Even with a relatively quiet week due to the July 4 holiday, there were some notable goings-on. To no one’s surprise,
Lucid revs up sales, Fisker makes a deal and Uber reignites an old fight Read More »
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023. Fisker cut production targets multiple times, failed to meet sales goals and laid
The fall of EV startup Fisker: A comprehensive timeline Read More »
Fisker Inc. co-founders Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to $1 in order to keep their failed EV startup’s bankruptcy proceedings funded, as lawyers work to complete a sale of its remaining inventory. Fisker Inc.’s restructuring officer, John DiDonato, said in a Tuesday morning filing that the couple, who co-founded
Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive Read More »
